Posts Tagged ‘tax deduction’

My 19 year old son is a full time college student with a part time job (working 8 hours a week). Can we deduct any books or school fees as our dependent?

Books are deductible if required for a class at an accredited college. The books are added to your tuition in the American Opportunity Credit (AOC). Use Form 8863, Education Credits and attach it to Form 1040 or 1040A.